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37406 VISTA DRIVE
About This Property
Major updates include a brand-new roof and AC, new ceiling fans in every room, fresh interior paint, and new waterproof plank flooring throughout the entire home with no carpet anywhere! The spacious primary suite is a true retreat, featuring two separate walk-in closets and an enormous walk-in shower.
Step outside and enjoy the large screened-in lanai overlooking a beautifully green, fully fenced backyard with no rear neighbors. A convenient storage shed provides additional space for your tools and toys.
Parking is a major bonus, with two separate driveways (including a carport), providing room for approximately 5–6 vehicles.
The best part? No HOA, no CDD, and low property taxes make monthly carrying costs non-existent.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 5, 2026 | Price Decreased |
$309,900
↓ $10K
(3.1%) | |
| Price Decreased | |||
| Oct 18, 2026 | Price Decreased |
$319,900
↓ $10K
(3%) | |
| Price Decreased | |||
| Sep 26, 2026 | Price Decreased |
$329,900
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Sep 12, 2026 | Price Decreased |
$339,900
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Aug 12, 2026 | Listed by FUTURE HOME REALTY INC | $349,900 | |
| Listed by FUTURE HOME REALTY INC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017